Bangkok Airways Public Company Ltd

8BA

Equity

ISIN TH4403010010 / Valor 21256897

Deutsche Boerse AG (2024-12-23)

EUR 0.61+1.65%

Bangkok Airways Public Company Ltd
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About company

Bangkok Airways Public Company Ltd is a regional airline based in Thailand, known for its comprehensive network within Asia. The airline operates a diverse fleet that includes 2 Airbus 320s, 11 Airbus 319s, and 10 ATR72-600s, each aircraft featuring unique liveries inspired by various exotic destinations.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

For the first quarter of 2024, Bangkok Airways Public Company Ltd reported a significant increase in total revenues, reaching THB 7,828,208 thousand compared to THB 5,743,009 thousand in the same period of 2023. This growth was primarily driven by higher passenger fare revenues and increased sales and service income.

Operating Profit

Bangkok Airways Public Company Ltd's operating profit for Q1 2024 was THB 2,469,905 thousand, a substantial rise from THB 1,274,483 thousand in Q1 2023. The improvement in operating profit was attributed to higher revenues and effective cost management strategies.

Net Profit

In the first quarter of 2024, Bangkok Airways Public Company Ltd achieved a net profit of THB 1,879,499 thousand, a notable increase from THB 879,449 thousand in the same quarter of the previous year. The rise in net profit was supported by strong revenue growth and controlled expenses.

Earnings Per Share

Bangkok Airways Public Company Ltd reported basic earnings per share of THB 0.89 for Q1 2024, up from THB 0.42 in Q1 2023. The increase in earnings per share reflects the company's improved profitability during the period.

Shareholders' Equity

As of 31 March 2024, Bangkok Airways Public Company Ltd's total shareholders' equity stood at THB 19,197,124 thousand, compared to THB 16,907,625 thousand as of 31 December 2023. The increase in shareholders' equity was driven by the company's strong financial performance and retained earnings growth.

Summarized from source with an LLMView Source

Key figures

65.3%1Y

101%3Y

%5Y

Performance

39.8%1Y

50.2%3Y

50.2%5Y

Volatility